Concept | Decentralization |
Benefits | Innovation • Efficiency • Justice |
Examples | Networked civic organizations • Global peer-to-peer networks |
Challenges | Regulations • Compatibility • Security |
Characteristics | Distribution of power • Distribution of resources • Distribution of functionality • No central authority |
Related concepts | Federalism • Autonomy • Blockchain • Decentralized autonomous organizations • Distributed ledger technology |
Associated fields |